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The foreign exchange market in India has been fairly disorganized, due to which there are wide fluctuations in forex rates and there is no uniformity regarding forex products and regulation. Mr. Sudarshan Motwani, who has headed the foreign exchange function at some of the leading Indian Banks, established BookMyForex in 2012 to address these issues and streamline the forex business in the country.
It can be quite a pain for a customer to find out the Kuwaiti Dinar exchange rates today in kadi. But not anymore - Live and real time Kuwaiti Dinar exchange rates today in kadi are now available on BookMyForex for currency exchange. You also have the option to lock-in the Kuwaiti Dinar exchange rates today in kadi to exchange currency by using the 'Freeze the rate' option on the website. Other currency exchangers and websites use the base rate or interbank rate as 'today's KWD rate in kadi', which isn't actually the rate at which currency is exchanged. Through the practice of 'today's KWD rate in kadi' the rates actually charged by other currency exchangers are much higher since they have to cushion themselves against losses on account of currency fluctuation, since like any other financial security the Kuwaiti Dinars are traded electronically worldwide. So the customers end up being at the losing end when 'today's KWD rate in kadi' is the basis for currency exchange.
The Company's offerings of forex and related services are already available across the country and include currency exchange, KWD currency notes, KWD forex cards, KWD traveler's cheques or remittance products such as KWD demand drafts and KWD wire transfers.Orders are delivered by our own branches or by exchange companies that partner with us
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